FDI, GROWTH AND THE ROLE OF GOVERNANCE: CHANGING THE RULES OF THE GAME
Constantina Kottaridi ()
Contributions to Political Economy, 2005, vol. 24, issue 1, 79-98
This paper synthesises theoretical predictions on economic globalisation with the International Business and Economics disciplines in order to provide new insights on the link between Foreign Direct Investment (FDI) and growth. We empirically investigate the impact of foreign investment on recipient EU economies for the last two decades, based on the correspondence principle between organisational hierarchical pyramids and the hierarchical structure of the global economy. Our results are supportive of a bi-polar EU where the higher value-added activities are concentrated in core countries. We claim that there is a need for re-evaluating existing governance so that peripheral economies can improve their domestic characteristics, e.g. by enlarging their human capital basis, and be able to attract and maintain FDI. Copyright 2005, Oxford University Press.
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:oup:copoec:v:24:y:2005:i:1:p:79-98
Ordering information: This journal article can be ordered from
Access Statistics for this article
Contributions to Political Economy is currently edited by Murray Milgate
More articles in Contributions to Political Economy from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press () and Christopher F. Baum ().